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20121006
20121006
Search Results 0 to 9 of about 10 (some duplicates have been removed)
8% for the first time since january 2009. president obama cheered the figures; mitt romney criticized the administration for not creating enough jobs. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, what do the numbers tell us about the true state of the labor market? we get an assessment. >> woodruff: then, gwen ifill reports on missouri's senate contest where the democratic incumbent has unexpectedly grabbed the lead. >> this the united states senate. mark shields an david brooks >> brown: mark shields and david brooks analyze the weeks news. >> woodruff: and ray suarez previews another political match to watch, thousands of miles south in venezuela, where long- time leader hugo chavez faces a young challenger. >> the election marks a watershed moment for the world's second largest oil producing nation. and a critical supplier of crude oil to the u.s. its number one customer. >> woodruff: that's all ahead tonighs nehour >> major funding for the pbs newshour has been provided by: carnegie corp >> and with the ongoing support of th
in the presidential campaign. it was the kind of news that president obama hoped for, just over a month before the election and two days after a sub-par debate outing. >> more americans entered the work force, more people are getting jobs. >> brown: indeed, september's unemployment rate, calculated by a survey of households, fell to 7.8%. that's the lowest since the president took office. a second survey, of businesses, showed that employers added a net of 114,000 jobs, and job gains for july and august were revised upward by 86,000 the president touted the numbers in a campaign stop at george mason university in fairfax, virginia. >> now, every month reminds us that we've still got too many of our friends and neighbors who are looking for work. there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> brown: that was a swipe at republican m
august. the obama and romney campaign jumped on these figures and, of course, they came down on opposite sides. cnn political editor paul steinhauser joining us this morning. good morning, paul. so there's one month, hard to believe, till election day, and no issue bigger than jobs, right? >> no doubt about that, randi, and you're right. after what you could consider a tough week for the president coming out of that debate in denver the jobs numbers are a good sign for his re-election bid, a happy sign for the re-election team, but for mitt romney this is fascinating, landi, because the unemployment rate is below 8% for the first time since barack obama came into the white house back in january of 2009. you have heard mitt romney on the campaign trail over and over again, over the last year and a half running for the white house, criticize this president on jobs for the unemployment rate being over 8%. now it is under 8%. now it's time for mr. romney to have to pivot from his favorite line. take a listen to both candidates on the campaign trail yesterday reacting to the jobs numbers. >>
that was completely wrong. >> and friday, another october surprise. president obama getting a boost with the new unemployment rate report. the rate dipping below 8 persh for the first time since the president took office in 2009, which brings us to the next surprise. the obama campaign cash that was raised last month. september proved to be a lucrative month for the president's re-election campaign. democrats raised $181 million. that's a record. joining me live from washington, peter hamby. that's a whole lot of cash raised. very amazing. say many, and all in one month. how was it done? big donors, small donors, what? >> the campaign says 98% of this money came from people giving $250 or less. sptd was a very big month for democrats. polls show that the convention really brought home the democratic base and these numbers just reaffirm it. this is the biggest monthly total of this campaign. this is the money that the obama campaign and the democratic national committee have collected together. it means they're only about $50 million short of raising $1 billion for this whole campaign. so they're
politics. >> the latest job numbers were good news for u.s. president barack obama. for the first time since he took office, the unemployment rate fell below 8%. but his challenger, mitt romney, had a different take on the figures. he says they are actually a sign that things are getting worse. >> the unemployment rate, as you noted this year, has come down very slowly, but it has come down on the less. reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it is a reminder that this country has come too far to turn back now. we have made too much progress to return to the policies that led to the crisis in the first place. >> the two candidates have made radically different proposals on the way the u.s. economy should develop. it is not yet clear what effect the new employment numbers will have on the race for the white house. >> let's turn to the markets now and take a closer look at some market numbers. the
provide a boost to president barack obama. u.s. department officials say the unemployment rate dropped to 7.8% last month down 0.3 percentage points since august. the lowest since obama took office in 2009. they added 114,000 non-farm jobs. the non-farm sector is considered particularly sensitive to economic trends. 44,000 jobs were added in the health care sector. manufacturing employment edged down shedding 16,000 jobs. for analysis we spoke to gene maki. >> the unemployment rate has been falling. it's fallen from a peak of about 10% to about 7.8%. we think that decline will continue. so we believe that a year from now at the end of 2013, the unemployment rate will be at 7.1%. so moderate job growth is enough in the u.s. to push the unemployment rate down and that's what we've been seeing and continue to see. that's what we expect as we look ahead. we think if the fourth quarter job growth continues, reasonable 160,000 per month. and we do expect that to lead to further declines in the unemployment rate in coming months. the september employment rate will undoubtedly be seen as a pos
Search Results 0 to 9 of about 10 (some duplicates have been removed)